Hyperlawhypertext legal database Bankruptcy and Insolvency Act

← Historical versions

Versions of s. 94(1)

B-3 — Bankruptcy and Insolvency Act · 2 versions

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2004-12-15 to present available View Source
    WhereIf a person engaged in any trade or business makes an assignment of histheir existing or future book debts or any class or part thereofof those debts and subsequently becomes bankrupt, the assignment of book debts is void againstas against, or in the Province of Quebec, may not be set up against, the trustee with respect to any book debts that have not been paid at the date of the bankruptcy.
    Full text

    If a person engaged in any trade or business makes an assignment of their existing or future book debts or any class or part of those debts and subsequently becomes bankrupt, the assignment of book debts is void as against, or in the Province of Quebec, may not be set up against, the trustee with respect to any book debts that have not been paid at the date of the bankruptcy.

  2. 2002-12-31 to 2004-12-15 View Source

    Where a person engaged in any trade or business makes an assignment of his existing or future book debts or any class or part thereof and subsequently becomes bankrupt, the assignment of book debts is void against the trustee with respect to any book debts that have not been paid at the date of the bankruptcy.